Funko burned 49% of Star Trek NFTs that were unsold

Funko has launched its Star Trek digital collectibles after a successful launch of the Transformers NFTs. Star Trek Funko NFTs failed to achieve the same success as the Transformers Funko Pop NFTs which were sold out. The Star Trek collection was a complete failure, as almost half of all collectibles were destroyed. This is reminiscent of one of Funko NFT’s most neglected collections, dedicated to Squid Game TV series.

Star Trek Funko Pops are coming soon!

DisTrackers (the X account that posts Funko news) reported yesterday, just after the end, that 19,298 Star Trek NFT packs had been destroyed. This technically means that 53.6% (or all the packs) were not sold.

Funko Pop NFT Collections come in different types of packaging, with each type containing a number of collectibles. A Standard Pack contains five NFTs, and a premium pack has seventeen NFTs. Funko supplied 18,000 of each package type for the Star Trek Drop. The total number of NFTs that were burned was less than 49%.

This statistic, although it shows a slight improvement in the overall drop rate, still indicates that there was not much interest from the community. Comparatively, Funko reported that 5,080 Collectors bought its Transformers Season 2 Non-Fiction Toys based solely on Droppp Marketplace Data, while Star Trek Funko Pops were purchased by just 2,760 Collectors at the Droppp Marketplace.

The first series of Star Trek Funko Pop NFTs released in 2021 quickly sold out. The Star Trek NFT exclusives include Royalty Freddy Funko and Legendary Klingons, Scotty, Captain Kirk and Grail Spock.

Details about Star Trek’s recent drop were kept secret for a while. When news of the collection first leaked out in February, it appeared that toy giant Mattel was preparing for the launch of a second digital Star Trek wave.

When Funko announced that Star Trek would be released on the official date, it was clear that this new collection of NFTs would revolve around Star Trek: The Next Generation, and therefore should not be considered as a new one. Fans of the iconic TV show had to wait for a couple of days more before Funko unveiled their long-awaited images of physical figures, redeemable towards the collection of sets of Grail NFTs, Legendary NFTs and Royalty.

Check out the latest Funko Pops from Star Trek, Transformers and Star Wars.

The Star Trek: The New Generation Funko collection has five physical counterparts. Funko plans to release 2,600 Royalty figurines, which depict Freddy Funko in the role of Locutus Borg.

There will be 2,400 collectibles per type of set. The Legendary figures include Worf, Wesley Crusher and Captain Picard.

The rarest of all the figurines is Grail Judge Q. Only 999 pieces are available.

Droppp said at the time that the publication was made, “While the initial pack sale is over, you can shop for digital collectibles on the Droppp Marketplace.” At the time of publication, this platform stated that prices for Standard packs started at 12.19 USDC, and 32.90USDC per Premium Pack. According to the website, Epic Judge Q was traded at a price of only 10.38 USDC. Epic Captain Picard and Wesley Crusher were also amongst the most popular NFTs.

The collection snapshot of Star Trek: The Next Generation Funko NFTs will be taken at 11AM PT on 10th July 2024. You can still earn tokens before then by collecting Grail, Legendary or Royalty sets of NFTs. The redemption period closes on August 20, 2024. Physical collectibles are expected to be delivered in Q4 of 2024.